MYTILINEOS through its Sustainable Engineering Solutions (SES) Business, announced that the first stage of construction for the power plant in Tobruk, Libya has been completed and already 185MW is distributed to the country's electricity system.
Sani/Ikos Group (SIG), the leading luxury beach resort group in the Mediterranean, and GIC, global institutional investor, have entered into a strategic partnership under which GIC will become the leading shareholder alongside SIG’s management team.
Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.
Noval Property announced for the period ending 30.06.2021 total assets reaching 598.9 million euros and net profits of 15.1 million euros for the first half of 2022.
EFKA supports the NGO "Kivotos of the World" a property located in Academia Platonos.
The tender committee has concluded the electronic unsealing of the "Expression of Interest Files" as part of the first phase of the tender for the Real Estate Acquisition and Leasing Agency.
Demand for holiday homes across the Mediterranean has soared during the pandemic, with Greece, Spain and France the most popular destinations. Mykonos, Paros and Santorini have emerged as top destinations. Despite the pandemic, property prices have generally remained stable or even increased, and as a result yields are typically lower compared to 2019. Increased demand for luxury properties, especially in expensive destinations, has resulted in higher prices and lower yields .
Sissi Lignou, President of the Hellenic Association of Professional Congress Organizers (Hellenic Association of Professional Congress Organizers) said, at a special event held in a central hotel in Athens, that revenue from conference tourism for 2022 is estimated at €1.7 billion and there are optimistic projections for 2023 as well.
Electricity tariffs for retail customers have been reduced by approximately 25% relative to September. The energy supplying firms announced adjusted pricing that will be effective from this October.
H. K. Tegopoulos' industrial property based in Koropi at "NISIZA KARELA" region will be e-auctioned with an initial bid price of €10.95 million.
Following an agreement with ANEK's creditors and shareholders Attica Group proceeded, with the decision to absorb the Cretan company through a merger.
Noval Property has announced that its BoD granted an extension to the Initial Public Offering deadline.
The underground section of Patriarchou Konstantinou Street in the municipality of N. Philadelphia - N. Chalkidonas was delivered to users by the Region of Attica, a particularly important intervention accompanying the main project, the AEK stadium.
In the January-July 2022 period, the current account deficit grew year-on-year, chiefly owing to a worsening in the balance of goods and the primary income account, which was offset to a degree by an improvement in the balance of services and the secondary income account.
DeA Capital has signed a strategic joint venture agreement with Europa Capital to develop the French real estate market, with a particular focus on the industrial logistics sector, a booming asset class across the European real estate market.